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BANGI: Around 75,000 out of 300,000 recent graduates are projected to face some challenges finding work within six months of graduation following the impact of Covid-19, Higher Education Minister Datuk Dr. Noraini Ahmad said.
He said that based on the Graduate Tracer Study (GTS) of the Ministry of Higher Education for 2019, it showed that 41,161 graduates remained unemployed and with an additional 75,000 to graduate this year it is estimated that 116,161 graduates should receive attention to further increase their marketability. .
Speaking at the Ministry’s National Economic Recovery Plan (Penjana) Professional Advancement Program (Penjana KPT-Cap), Noraini said the ministry had implemented various measures to help affected graduates by providing financial assistance to those who wish to pursue a tertiary education.
Financial assistance includes MyBrain Science, a grant from the Minister of Higher Education, and financial assistance for students with disabilities, he said.
The job search process for unemployed graduates has also been implemented, in collaboration with the Social Security Organization (Socso) through the MyFutureJobs portal, Noraini said in her speech at the event, which was launched yesterday by Prime Minister Tan Sir Muhyiddin Yassin.
He added that the ministry is working together with the Economic Fund of the National Group of Entrepreneurs (Tekun Nasional) by introducing a microfinance scheme for students to help them grow and improve their businesses.
To help new graduates, Noraini said the ministry has developed the Graduates Reference Hub for Employment and Training (GREaT), which offers services such as job search, retraining and retraining programs, as well as grants for higher education and career guidance.
Meanwhile, he said that a total of 189,543 of 330.57 graduates manage to find employment within six months after graduation; 49,875 graduates are pursuing tertiary education, while 4,029 are receiving training to improve their skills and 13,943 are still waiting for a workplace.
Noraini said the government allocated RM100 million to the ministry, which will benefit 20,000 graduates through synergies with more than 100 companies.
“I am confident that with the right strategy, we can achieve greater success in helping increase the marketability of graduates and contribute to the economic empowerment of the country,” she said.
He added that the program will begin from October 16 to December 31 at 20 selected public universities, polytechnics and community colleges, while job placement for program participants will begin on January 1.Called
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